Price for Spices; Vanilla, Crushed or Ground in Algeria - 2022
Contents:
- Price for Spices; Vanilla, Crushed or Ground in Algeria (FOB) - 2022
- Price for Spices; Vanilla, Crushed or Ground in Algeria (CIF) - 2022
- Exports of Spices; Vanilla, Crushed or Ground in Algeria
- Imports of Spices; Vanilla, Crushed or Ground in Algeria
Price for Spices; Vanilla, Crushed or Ground in Algeria (FOB) - 2022
In 2022, the average export price for spices; vanilla, crushed or ground amounted to $6,061 per ton, with an increase of 12% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 123%. Over the period under review, the average export prices attained the maximum at $16,556 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($6,031 per ton), while the average price for exports to France totaled $5,925 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+41.1%).
Price for Spices; Vanilla, Crushed or Ground in Algeria (CIF) - 2022
The average import price for spices; vanilla, crushed or ground stood at $3,667 per ton in 2022, falling by -20.8% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 101% against the previous year. The import price peaked at $13,196 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -3.3% per year.
Exports of Spices; Vanilla, Crushed or Ground in Algeria
In 2022, the amount of spices; vanilla, crushed or ground exported from Algeria rose rapidly to 2.1 tons, increasing by 9.5% on 2021. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -8.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 76%. As a result, the exports attained the peak of 2.3 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, spices; vanilla, crushed or ground exports surged to $13K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.6% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 39%. As a result, the exports reached the peak of $15K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Spices; Vanilla, Crushed or Ground in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 10.8 | 15.0 | 4.2 | 10.1 | -2.2% |
| France | N/A | N/A | 6.0 | 2.4 | -60.0% |
| Others | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Total | 10.8 | 15.0 | 10.4 | 12.7 | 5.6% |
Top Export Markets for Spices; Vanilla, Crushed or Ground from Algeria in 2022:
- Canada (1671.0 kg)
- France (401.0 kg)
Imports of Spices; Vanilla, Crushed or Ground in Algeria
In 2022, the amount of spices; vanilla, crushed or ground imported into Algeria surged to 171 kg, with an increase of 63% on the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, spices; vanilla, crushed or ground imports soared to $627 in 2022. Overall, imports, however, recorded a deep contraction.
| Import of Spices; Vanilla, Crushed or Ground in Algeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 966 | 768 | 486 | 627 | -13.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 966 | 768 | 486 | 627 | -13.4% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to Algeria in 2022:
- Turkey (171.0 kg)
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This report provides an in-depth analysis of the vanilla market in Algeria.
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This report provides an in-depth analysis of the global vanilla market.
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This report provides an in-depth analysis of the vanilla market in Algeria.
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This report provides an in-depth analysis of the global vanilla market.
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In 2016, the vanilla market dropped to X tons, caused by the reduction of global vanilla production due to harvest cuts in Madagascar and Indonesia. At the same time, demand for vanilla continues to grow against the backdrop of growing demand from
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Global vanilla consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
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In 2015, global consumption of vanilla amounted to X tons, standing approx. at the 2014 level. One year before there was a fall by X% caused by the reduction of vanilla production in Indonesia; from 2007 to 2013, va
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The value of total imports on the global vanilla market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of vanilla reached X tons i
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From 2007 to 2015, global exports of vanilla grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports on the global vanilla market reached X tons in 2015, which was X tons (or X%) more than the year before.
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The global production of vanilla was estimated at X tons in 2015, an increase of X tons against the figure for 2013, and X tons (or X%) less than the peak production level recorded in 2011.
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From 2007 to 2015, global vanilla market consumption decreased by -X% annually. The highest annual rates of growth in terms of vanilla consumption between 2007 and 2015 were registered in India, with a +X% growth, due to the increased number of va
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Although widely considered a standard commodity, vanilla requires highly labor-intensive methods of cultivation that make it the second most expensive spice in the world, surpassed only by saffron.
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France dominates in the global vanilla trade. In 2014, France exported X thousand tons of vanilla totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total vanilla exports in val
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In 2016, the vanilla market dropped to X tons, caused by the reduction of global vanilla production due to harvest cuts in Madagascar and Indonesia. At the same time, demand for vanilla continues to grow against the backdrop of growing demand from
